Layer 1 EVM

Main programmable blockchains compatible with EVM.

L1 EVM: smart contract foundation. ETH pioneer, BSC cheaper centralized alt, Polygon sidechain. Solidity, gas, MetaMask compatible. Compete for DeFi TVL, users, devs. ETH dominant (~60% DeFi TVL).

In plain words

Main blockchains running Ethereum-compatible smart contracts: BNB Chain, Polygon, Avalanche. An app written once for Ethereum runs on them unchanged. Ethereum still holds ~60% of DeFi value, the others are cheaper but less popular.

Example

Top L1 EVM: ETH ($80B TVL), BSC ($6B), Polygon ($1B), Avalanche C ($1.5B). Tron separate (mostly USDT). Cronos/Fantom/Klaytn smaller.

Also known as: layer 1 EVM, L1 EVM

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